Hastings Group Holdings plc TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (2105T)

TIDMHSTG

RNS Number : 2105T

Hastings Group Holdings plc

03 January 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                  Hastings Group Holdings 
  the underlying issuer                                                   plc 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  --------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                               x 
------------------------------------------------------------  -------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------  -------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  -------------------------- 
 An event changing the breakdown of voting rights                          x 
------------------------------------------------------------  -------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    -------------------------- 
 3. Full name of person(s)                                        Edward Fitzmaurice 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s)                               Hastings Investco Limited 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------- 
 5. Date of the transaction                                        29 December 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                            3 January 2017 
  notified: 
-----------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                      7% 
-----------------------------------------------------------  --------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation                        Resulting situation after the 
  of             previous                         triggering transaction 
  shares         to the triggering 
                 transaction 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  -------------------------------  ---------------------------------------------------------------------- 
                Number            Number         Number         Number of voting              % of voting 
                 of                of             of shares      rights                        rights (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  -------------  -------------  ----------------------------  ------------------------- 
                                                 Direct         Direct         Indirect       Direct        Indirect 
                                                                 (xi)           (xii) 
-------------      ------------    -----------  -------------  -------------  -------------  ------------  ----------- 
 GB00BYRJH519   52,266,700        7.95%          12,500,000     12,500,000     37,607,950     1.90%         5.72% 
               ----------------  -------------  -------------  -------------  -------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                     Number of voting                % of voting 
 financial           date            Conversion                    rights that                     rights 
 instrument          (xiii)          Period (xiv)                  may be 
                                                                   acquired if 
                                                                   the 
                                                                   instrument 
                                                                   is 
                                                                   exercised/ 
                                                                   converted. 
-----------------  --------------  ----------------------------  ------------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration     Exercise/      Number of voting                % of voting 
 financial         price          date            Conversion     rights instrument               rights (xix, 
 instrument                       (xvii)          period         refers to                       xx) 
                                                  (xviii) 
---------------  --------------  -------------  -------------  ------------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  --------------  -------------  -------------  ------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ------------------------------------------------------- 
 50,107,950                                                     7.62% 
-------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------- 
 
   Following the acquisition of 12,500,000 Ordinary Shares 
   in Hastings Group Holdings plc, Edward Fitzmaurice now 
   holds a direct interest in 1.90% of the voting rights. 
 
   He also holds voting rights in Hastings Group Holdings 
   plc indirectly as a shareholder of Hastings Holdco Limited, 
   which is a shareholder of Hastings Investco Limited. 
   Hastings Investco Limited now holds 49.47% of the ordinary 
   share capital of Hastings Group Holdings plc. 
 
 Proxy Voting: 
------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
----------------------------------------------------------------  ------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
----------------------------------------------------------------  ------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
----------------------------------------------------------------  ------------------- 
 
 
  13. Additional information: 
--------------------------------------------------------------  --------------------- 
 14. Contact name:                                               Edward Fitzmaurice 
--------------------------------------------------------------  --------------------- 
 15. Contact telephone number:                                   - 
--------------------------------------------------------------  --------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 03, 2017 07:33 ET (12:33 GMT)